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Insurance
Insurtech Concirrus launches AI-powered marine platform
London-based insurtech company Concirrus launched an AI-powered marine insurance analytics platform called Quest.   20 September 2017
Insurance
African Risk Capacity launches outbreak & epidemic parametric insurance
The specialised agency of the African Union African Risk Capacity (ARC) has launched an outbreak & epidemic (O&E) insurance for African governments.   20 September 2017
News
JLT Re partners to build solar energy output insurance product
Broker JLT Re has partnered with data repository and risk management provider kWh Analytics to create a risk transfer product insuring solar energy output.   20 September 2017
News
Africa Re South Africa MD resigns, Ghana Re MD replaced
Africa Reinsurance Corporation (Africa Re) said on Sept. 19 that Daryl De Vos, managing director of Africa Re South Africa (ARCSA) has resigned.   20 September 2017
Insurance
Traditional insurers wary of engaging with consumers: start-up founder
The vast majority of insurers want to stay as far away as possible from their customers – but if they are to be successful in the digital age, this must change.   20 September 2017
Insurance
Castel Specialty launches Castel Transact in expansion move
Castel Specialty, a division of MGA formation platform Castel Underwriting Agencies Limited, has launched Castel Transact (Transact), offering warranty and indemnity insurance cover for Benelux merger and acquisition (M&A) transactions, and tax risk insurance for tax liabilities in Europe.   20 September 2017
Insurance
Hurricane Irma property damage at up to $65bn: CoreLogic
Total insured and uninsured loss for both residential and commercial properties caused by Hurricane Irma, including damage from both flood and wind, is estimated to be between $42.5 billion and $65 billion, according to data provider CoreLogic.   20 September 2017
Insurance
Hiscox appoints special advisor on cyber security
Specialist insurer Hiscox UK and Ireland has appointed Robert Hannigan, a former director of intelligence and security agency GCHQ, as special advisor on cyber security.   20 September 2017
Insurance
Arch shuffles leadership roles
Arch Capital has appointed Nicolas Papadopoulo - the current chairman and CEO of Arch Worldwide Reinsurance Group - as the chairman and CEO of Arch Worldwide Insurance Group and chief underwriting officer for property and casualty operations, effective October 1, 2017.   20 September 2017
News
Willis Re NA hires Third Point Re exec as chairman, appoints vice-chair from Marsh
Willis Towers Watson's reinsurance business Willis Re has appointed Tom Wafer as chairman of its North America platform and Jeffrey Livingston as vice-chair, effective October 2017.   20 September 2017

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